Teenage workers are assumed to have labor supply, therefore a 5% increase in wage would result in percentage c

Question

yulyashka [42]

3 years ago

11

Teenage workers are assumed to have labor supply, therefore a 5% increase in wage would result in percentage c

hange in quantity of labor supplied.

Business

1 answer:

natali 33 [55] · Answer 1 · 2022-08-24T21:25:13+03:00

natali 33 [55]3 years ago

5 0

Teenage workers are assumed to have ELASTIC labor supply, therefor a 5% increase in wage would result in GREATER percentage change in quantity of labor supplied.
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Teenage workers are assumed to have ________ labor supply, therefore a 5% increase in wage would result in ________ percentage c

Teenage workers are assumed to have labor supply, therefore a 5% increase in wage would result in percentage c